CARNIVAL CORPORATION & PLC CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Millions, unless otherwise specified	6 Months Ended
	May 31, 2012	May 31, 2011
OPERATING ACTIVITIES
Net (loss) income	$ (125)	$ 358
Adjustments to reconcile net (loss) income to net cash provided by operating activities
Depreciation and amortization	752	747
Ibero goodwill and trademark impairment charges	173
Losses on fuel derivatives, net	124
Share-based compensation	22	29
Other, net	34	10
Changes in operating assets and liabilities
Receivables	(29)	(121)
Inventories	(7)	(35)
Insurance recoverables, prepaid expenses and other		32
Accounts payable	(31)	26
Claims reserves, accrued and other liabilities	(38)	(52)
Customer deposits	583	807
Net cash provided by operating activities	1,458	1,801
INVESTING ACTIVITIES
Additions to property and equipment	(1,997)	(1,622)
Insurance proceeds for the ship	508
Other, net	33	(3)
Net cash used in investing activities	(1,456)	(1,625)
FINANCING ACTIVITIES
Proceeds from (repayments of) short-term borrowings, net	262	(471)
Principal repayments of long-term debt	(327)	(320)
Proceeds from issuance of long-term debt	946	990
Dividends paid	(388)	(277)
Other, net	(10)	19
Net cash provided by (used in) financing activities	483	(59)
Effect of exchange rate changes on cash and cash equivalents	(35)	11
Net increase in cash and cash equivalents	450	128
Cash and cash equivalents at beginning of period	450	429
Cash and cash equivalents at end of period	$ 900	$ 557